HomeMy WebLinkAbout09-04-25 Correspondence - MT Dept of Commerce - Commerce Weekly Roundup - Volume 2, Issue 35From:Montana Department of CommerceTo:Bozeman Public CommentSubject:[EXTERNAL]Commerce Weekly Roundup - Volume 2, Issue 35Date:Thursday, August 28, 2025 2:01:29 PM
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Aug. 28, 2025 – News, events, grants, loans and other funding opportunities
Montana Department of Commerce
Weekly Roundup
The Weekly Roundup is a summary of events, news and information important to
Commerce's constituents this week. Click on any topic for more information.
Reminder to Grantees About Commerce Branding
The Montana Department of Commerce has updated brand resources available for
grantees to use when crediting Commerce’s sponsorship of an event, project, etc. The
Commerce brand book, usage guidelines and downloadable logos are at
commerce.mt.gov/public-participation/commerce-brand. Please refer to these
resources when developing print or digital materials that will include the new
Commerce logo, which was rolled out last year. The Commerce MarComms team is
always happy to help with branding questions and can be reached by contacting CMO
Mitch Staley at mitch.staley@mt.gov.
Business
The Agritourism Grant Program will accept applications Sept. 24 through Oct. 23.
These grants support tribal and agricultural businesses and rural communities by
assisting with diversifying operations, developing and enhancing agritourism
opportunities and generating tourism revenue for the benefit of local Montana
economies.
The Opportunities in Rural Economies Program suite has been reimagined to
include a new grant offering and updated guidelines. The program is currently
undergoing the administrative rulemaking process. The administrative rule notice was
posted by the Secretary of State’s Office on July 25, and the public comment period
concluded on Aug. 22. Proposed guidelines are available on the Commerce website.
The ORE Loan Participation and the new Economic Development Organization
Capacity Building Grant Programs will operate under this refreshed program suite.
The ORE Program is now accepting applications for Economic Development
Organizations to enroll in the program. The enrollment period is open-ended,
and any organization engaged in active economic development is encouraged to
apply. For more information, contact Business Resource Partner Josh Bennett at
406-841-2748 or at josh.bennett@mt.gov.
The Wood Products Revolving Loan Fund is now accepting new applications under
updated program guidelines. The program has transitioned to a loan participation
structure for funding requests of up to $2 million and will continue to offer direct loans
for amounts under $1 million. The application portal will remain open until all available
funding has been committed to eligible businesses. Currently, the WP RLF has over
$4.3 million available for lending. For more information, contact Program Specialist
Chris Ryan at chris.ryan@mt.gov.
The Montana State Small Business Credit Initiative 2.0 Loan Participation
Program application portal for remaining Tranche Three funds will remain open
until all available funds are fully obligated. Submissions will be reviewed in the order
they are determined to be fully and properly completed. Upon completion of all
required application materials, the application will be scored and reviewed by the loan
review committee. All application determinations, approved or denied, will be promptly
provided to the participating lenders. This process will continue until all funds have
been committed to eligible businesses. Future opportunities will be supported through
recycled SSBCI 2.0 funds as loans are repaid.
The Montana State Small Business Credit Initiative 2.0 Loan Participation
Program-Recycled Funds application is now open and will remain so for the
duration of the program, with capital availability contingent on repayments from existing
borrowers. A list of participating lenders with funds for recycling can be found on
the SSBCI webpage.
Native American Collateral Support Program funding available: The NACS
Program is currently accepting applications; $123,352.71 in cash funding is available.
For more information, contact Program Specialist Chris Ryan at chris.ryan@mt.gov or
406-841-2594.
Housing
Montana Board of Housing Public Meeting: Sept. 8.
CDBG-Housing, HOME Investment Partnerships Program and National Housing
Trust Fund applications are due Sept. 17. Commerce will have up to $3,150,000 in
CDBG-Housing funds to award; $2,713,000 in HOME and $2,821,000 in HTF. Award
decisions will be announced in November. The combined HOME and HTF application
guidelines are available on the HOME or HTF web pages. An updated uniform
application has also been posted.
Montana Board of Housing Public Meeting: Oct. 20-21.
Infrastructure and Planning
The Montana Department of Commerce is proposing updates to the Montana
Coal Endowment Program’s Planning Grant application guidelines, grant
administration and application. The document is available for review and public
comment through Sept. 19. Community MT Division has scheduled a public hearing for
Sept. 11 at 1:30 p.m. via Zoom. Comments on the draft can be submitted electronically
to docadministrativerules@mt.gov, or via mail to Montana Department of Commerce,
Community MT Division, 301 S Park Ave., PO Box 200501, Helena, MT 59620.
The Community Development Block Grant Program will host pre-application
training for the 2025 Planning Grant Application Guidelines. The training will be
held on Sept. 4, at 11 a.m.
Commerce News/Upcoming Events
Applications for the Montana Heritage Commission’s long-term lease
opportunities are due quarterly, three days before Commission meetings.
Commission meetings are held on the first Friday in March, June, September and
December. This quarter’s applications are due Tuesday, Sept. 2 by 5 p.m. for the Sept.
5 commission meeting to review. Visit commerce.mt.gov for more information about
this opportunity.
Montana Department of Commerce Launches New Public Digital Asset Resource
The Montana Heritage Commission's Living History Program presents "Living
History Presentations": Aug. 30-31 in Nevada City.
Commerce is improving our communications to better
serve you.
Commerce is working to improve the many ways you interact with our programs and
services through updated communication options. To give you more information via
fewer emails, Commerce's updated communications will include the Commerce
"Weekly Roundup" with news, events, grants, loans, funding opportunities and other
important updates; a quarterly newsletter; press releases and urgent information when
needed, like administrative rules making communications and other statutorily required
notifications. You can update your subscriber preferences anytime.
UPDATE PREFERENCES
Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
Contact Us: 406-841-2700
commerce.mt.gov
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Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
406-841-2700